Latest Nuclear Power Posts

On November 8, UCS released The Nuclear Power Dilemma: Declining Profits, Plant Closures, and the Threat of Rising Carbon Emissions, which found that more than one-third of existing nuclear plants, representing 22 percent of total US nuclear capacity, is uneconomic or slated to close over the next decade. Unfortunately, some of the media coverage and statements by the nuclear industry and other groups have mischaracterized our report and our past work. Here are seven points to correct the record.
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The steady parade of unqualified, ideologically driven appointees for key Trump administration positions has resumed now that things in Washington have settled down after the mid-term elections. Last week, Trump tapped Matthew G. Whitaker to replace Attorney General Jeff Sessions. This Thursday, the Senate will hold a hearing to confirm attorney Bernard McNamee to fill a vacancy at the five-member, presidentially appointed Federal Energy Regulatory Commission (FERC), a relatively obscure—but critically important—independent agency that oversees interstate power lines and pipelines.

A new report, The Nuclear Power Dilemma, released today by my UCS colleagues, finds that more than one-third of the nation’s nuclear power fleet – that provides more than 20 percent of the country’s nuclear power – are uneconomic or slated to retire over the next decade primarily due to economic, safety, and performance reasons. FirstEnergy is now seeking a bailout from the Ohio legislature to keep two of the uneconomic plants open. In a world where the threat of climate change is increasingly dire and the need to dramatically cut carbon emissions is even more urgent, every source of zero-carbon energy is important. But make no mistake: FirstEnergy’s bailout proposals for its struggling nuclear plants are poorly conceived and must be rejected. Here’s why.
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A new UCS report released today found that more than one-third of U.S. nuclear plants–representing 22 percent of total US nuclear capacity–are uneconomic or slated to retire over the next decade under current market conditions. The UCS study, The Nuclear Power Dilemma, shows that the economic viability of the nation’s nuclear plants is threatened by low natural gas prices, the declining cost of renewable energy, investments in energy efficiency, and the costs of upgrading aging plants to ensure safe operation.